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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Polish New Zloty/Swedish Krona (FOREX:PLNSEK)

Bull Market Weakness (+75) - PLNSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNSEK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid PLNSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNSEK
Open High Low PLNSEK Price Change
2.67035 2.67475 2.66865 2.67220 +0.00185
Entry Signal

MarketClub’s Trade Triangles for PLNSEK

long term down The long-term trend has been DOWN since Oct 2nd, 2024 at 2.63005

intermediate term up The intermediate-term trend has been UP since Oct 30th, 2024 at 2.66005

short term up The short-term trend has been UP since Nov 14th, 2024 at 2.68080

Smart Scan Analysis for PLNSEK

Based on our trend formula, PLNSEK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for PLNSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.67035 2.67475 2.66865 2.67220 +0.00185
Prev. Close Volume Bid Ask Time
2.67035 2024-11-20 03:24:23
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